Open Demo Account
Home / Market Update / Commodities / Gold Declines to Limit Weekly Gains

Gold Declines to Limit Weekly Gains

M. Ali 9 April, 2021 11:00 pm Commodities, Market Update

Gold prices declined on Friday, as the U.S. Dollar (USD) rose across the board supporting by rising Treasury bond yields.

Today’s decline limited the yellow metal’s weekly gains

Gold futures for June delivery decreased by $13.40, or 0.8%, to close at $1,744.80 per ounce.

For the week, gold’s most-active contracts increased by about 1%.

Tags

Check Also

Euro Zone Consumers Lift Near-Term Inflation Expectations, Reinforcing View That ECB Has Finished Cutting Rates

Euro zone consumers nudged their short-term inflation expectations higher in October but kept medium- and …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends